by Global Lifestyle Properties

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Key Largo 33037
127 Seaside Ave
$2,345,000
↓ $50K (2.1%)
● House - For Sale

127 Seaside Ave

Key Largo, FL 33037
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,716 Ft²
$12,720
Est. Monthly

About This Property

Ocean views, deepwater dockage, it is being replaced 6/2026, and the rare ability to legally operate nightly rentals. This exceptional oceanfront duplex offers a standout turnkey investment opportunity, combining the perfect trifecta for your portfolio: panoramic ocean views, deepwater dockage, and approved nightly rental capability. An ideal multi-family compound and a rare chance to own a fully versatile, income-producing Keys property. Enjoy oceanfront living with two beautifully updated units, each featuring 2 bedrooms and 1-bathroom, separate entrances, and its own oceanfront porch. Boating enthusiasts will appreciate the 100 feet of concrete dockage with immediate ocean access, along with the unique benefit of ownership of the ocean bottom, offering added value.  Zoning permits rentals with a minimum stay of just one night, giving you maximum income potential or the option to enjoy it as a private getaway. Whether you're looking to expand your investment portfolio or create your future oceanfront dream home, this duplex offers unmatched versatility and incredible potential in a beautiful setting. Plenty of parking and room for a pool, expansion or redevelopment!
Unit Size
1,716 Ft²
Days on Market
275 days
Land Size
0.28 acres
Price per sqft
$1,367
Property Type
House
Property Taxes
$1,205
HOA Dues
-
Year Built
1962

Listed By

Amy Bruggeman
American Caribbean Real Estate
Shelby Morris
American Caribbean Real Estate - Key Largo

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Last updated: 29 days ago (Miami MLS #A11940846)

Price History

Date / Event Date Event Price
Sep 11, 2026 Price Decreased $2,345,000
↓ $50K (2.1%)
Price Decreased
Jan 7, 2026 Listed by American Caribbean Real Estate $2,395,000
Listed by American Caribbean Real Estate
Feb 16, 2023 No longer available -
No longer available
Jan 24, 2023 Price Decreased $2,595,000
↓ $300K (10.4%)
Price Decreased
Jan 14, 2023 Listed by LoKation Real Estate $2,895,000
Listed by LoKation Real Estate
Investment or Forever Home! This income producing property has it all. Unique ocean front residence on a commercially zoned lot. This two story solid concrete home offers four bedrooms and two bathrooms that has been recently renovated. It is split up with two levels, each level offering two bedrooms and one bathroom. New impact windows and doors with poured concrete roof. The zoning allows nightly rentals and is currently operating as a LEGAL Airbnb with verifiable income. 2022 had over $140k in income, with much more on the books for 2023. The property has direct ocean access with over 100ft of dock space and bay bottom ownership. This home is the ultimate for buyers seeking plenty of indoor and outdoor space with remarkable views. 1 hour from Miami.OWNER AGENT The manager has listed the unit size as 1716 square feet.
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Property Highlights

Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway, Guest, RV Access/Parking
Interior Details
Full Bathrooms: 2
Interior Features: First Floor Entry, Second Floor Entry, No Additional Rooms
Appliances: Dishwasher, Electric Range, Refrigerator
Flooring Type: Tile, Ceramic Floor
Door Features: High Impact Doors
Exterior Details
Square Footage: 1716
Architectural Style: Detached, Two Story
Year Built: 1962
Waterfront Features: Ocean Access, Ocean Front, WF/Ocean Access
Building Name: SEASIDE RESUBD
Building Area Total: 2589
Building Area Units: Square Feet
Window Features: Drapes, High Impact Windows, Impact Glass
Construction Materials: Concrete, CBS Construction
Patio and Porch Features: Open Balcony, Open Porch
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Area: 12348
Lot Size Units: Square Feet
Lot Size Acres: 0.283
Lot Size Square Feet: 12348
Lot Size Dimensions: 50x125
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $14,456
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Heat Strip
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 31
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 118
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 12,348
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,716
  • Gross Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEASIDE RESUBD
  • Land Acres: 0000000284
  • Standard Land Use Code: 1101
  • County Land Use Code: 0802
  • State Land Use Code: 008
  • Legal Description 1: RE-SUB SEASIDE PB2-10 KEY LARGO PT SQR 4 KNOWN AS LOT 6 SQR 4 AND 14 62 38 ISLAND OF KEY LARGO BAY BTM ADJ LTS 63 AND 64 BK 4 SEASIDE PB1-97 G59-241 OR204-321/322 OR280-452(II DEED 23364) OR330-71/74 OR801-156 OR801-157 OR809-321/323 OR1268-2085/86 O

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970600

Zoning

  • Zoning: SC

Geography

  • Assessors Map Reference: 22-14
  • Account Number: 1608441
  • Subdivision Tract Number: 4
  • Parcel: 00492230-000000
  • Block: 4
  • Lot: 6
  • Meridian: SEC 14 TWN 62S RNG 38E
  • Municipality: TAVERNIER AND THE SOUTHWEST PA
  • Latitude: 25.041
  • Longitude: -80.4918

    Address

  • Full Address: 127 Seaside Ave
  • Address - House Number: 127
  • Address - Street Name: Seaside
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R002
  • 4-Digit Zip Code: 3862
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $912,081
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 500P

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 1,943,593
  • High Value: 2,372,530
  • Low Value: 1,514,657

    Market Valuation

  • Market Total Value: $1,066,880
  • Market Land Value: $715,834
  • Market Improvement Value: $351,046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,066,880
  • Assessed Land Value: $715,834
  • Assessed Improvements Value: $351,046

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2329407
  • Previous Sale Recording Date: Aug 12, 1993
  • Previous Sale Contract Date: Aug 04, 1993
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Key Largo


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Frequently Asked Questions

When was property at 127 Seaside Avenue built and last sold?
The property at 127 Seaside Avenue was built in 1962 and last sold on Jul 9, 2021 for $975,000.
How much is this home worth?
The estimated value of the home located at 127 Seaside Avenue is $2,324,302.
What are some comparable homes to 127 Seaside Avenue?
There are currently no comparable homes to 127 Seaside Avenue.